Over the past year, there’s been a number of rumors surrounding the future of the iPod. It began to seem likely that Apple would simply give up on the brand, given that its iPhone and other product families are far more popular. Well, it seems that the death of the iPod isn’t ready to come quite yet, as the company’s announcement today of updated touch models highlights.

The latest iPod touch models feature the same storage capacities as before, but prices are dropped. For $199, you can get the 16GB model, while for $50 more, you can bump that up to 32GB. Here’s what’s really striking: To get another bump from 32GB to 64GB, the premium is $50, not the expected $100 that we’ve seen before (which is still present on the iPhone line).

Beyond that, Apple’s also updated its color selection. You can now choose between Pink, Yellow, Blue, Silver, Space Gray, and (PRODUCT) RED.

Alright – for the most important bit: See that lens at the back? That’s the introduction of a 5 megapixel iSight camera, a feature that many iPod touch fans have wanted for a while. That addition alone enhances the attractiveness of the device by a fair margin.

Unfortunately, while the latest touch looks quite similar to the 5c, it sticks with the aging A5 SoC. Despite that, the latest touch ships with iOS 7, and will be upgradable to iOS 8 this fall.